Equity
€467,452 ▲ 203%
Equity rose in 2024 from €154,483 to €467,452.
JOY RIDES
Lifetime
5 annual accounts with figures on one time axispeak €549,645 (2024)
€549,645▲ 314%
lowest -€1,787 (2020)
€312,969▲ 653%
peak €467,452 (2024)
€467,452▲ 203%
€1.2m▲ 778%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
31-07-2025on the last day
2024micro format
Gross margin from €132,703 to €549,645Result from €41,556 to €312,969Equity from €154,483 to €467,452Debts from €137,991 to €1.2mInvestments €1.1mCash from €128,389 to €430,591
Key points
from the 2024 annual accountsDebts
€1.2m ▲ 778%
Debts rose by €1.1m in 2024.
Securities
€643,500
Mortgage mandates, new in 2024. 1.4 times equity · not in the 2023 accounts.
Investments
€1.1m 21.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 314.7% higher than in 2023.
Filings
5 annual accounts 107 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€312,969
Higher net result than 95% of companies in sports and recreation. Sector median €3,775 · 3,053 companies.
Net result +653%: one-off income
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,715 companies had the same profile as JOY RIDES has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,715 companies, not a prediction for JOY RIDES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- 50 sharesdeed of 03-03-2020
- 50 sharesdeed of 03-03-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0744570218
Amendment of the articles
General meeting of 22-12-2025 · Gazette deed
First establishment
Doornpark 98A, Beveren-Kruibeke-Zwijndrecht
Incorporation
Founding capital of €9,000, 100 shares, €5,000 paid up · Founders: and · Appointments: (director) and (director) · published on 03-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| JOY RIDES Beveren-Kruibeke-Zwijndrecht | €1.7m | €549,645 | 27.8% | - |
| S&B ATTRACTIONS Berlare | €2.0m | €331,346 | 7.6% | - |
| Verwijk-Bufkens Beveren-Kruibeke-Zwijndrecht | €1.6m | €391,721 | 33.6% | 1.7 |
| HENDRICKX-CLAUWAERT Aarschot | €1.1m | €330,770 | 77.0% | - |
| BINGO BACCARA Brussels | €2.5m | €283,495 | 7.3% | - |
| J.F. VLASSELAERTS Puurs-Sint-Amands | €1.3m | €380,503 | 32.6% | 1.6 |
| Funrides Machelen (Brab.) | €1.4m | €183,631 | 11.7% | - |
These companies have the same main activity as JOY RIDES: operation of fairground attractions (NACE 93291). They are comparable in size and age: total assets between €1.1m and €2.5m, founded between 2008 and 2021.
Official details
Source: KBO- Status
- Active since 28-02-2020Normal situation
- Activity
- Operation of fairground attractionsNACE 93291and 1 other
- Establishment unit
- 2.300.582.5539120 Beveren-Kruibeke-Zwijndrecht, since 01-03-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2026
Annual accounts 2024
- ≈ €970,000estimated
- €1.7m▲ 474%
- Employeeson 31-12-2024
- 24
- Filing
- Filed on 31-07-2025
Insights on JOY RIDES
JOY RIDES files the micro format. That format states no turnover. The gross margin rose from -€662 in 2020 to €549,645 in 2024.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about JOY RIDES
- What is the company number of JOY RIDES?
- The company number of JOY RIDES is 0744.570.218. The VAT number is the same number with BE in front: BE 0744.570.218.
- Where is JOY RIDES based?
- The registered office is at Doornpark 98A, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does JOY RIDES do?
- According to the KBO register, the main activity is operation of fairground attractions (NACE 93291).
- What is the legal form of JOY RIDES?
- JOY RIDES is a private limited company (BV).
- When was JOY RIDES founded?
- JOY RIDES was founded on 28-02-2020.
- Is JOY RIDES still active?
- Yes, JOY RIDES is an active enterprise in the KBO register.
- How many employees does JOY RIDES have?
- JOY RIDES had an average of 4.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of JOY RIDES?
- The turnover in financial year 2024 is ≈ €970,000. This figure is estimated from the gross margin of €549,645 and 44 comparable companies (NACE 93). It probably lies between €760,000 and €1.1m. In financial year 2022 turnover was €631,803.
- Is JOY RIDES profitable?
- In financial year 2024, JOY RIDES made a profit of €312,969.
- Where can I find the annual accounts of JOY RIDES?
- JOY RIDES filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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